Alphatec Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

• Alphatec Holdings Inc ATEC.OQ reported a quarterly adjusted loss of 23 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -37 cents. The mean expectation of twelve analysts for the quarter was for a loss of 20 cents per share. Wall Street expected results to range from -26 cents to -7 cents per share.

• Revenue rose 28.1% to $176.79 million from a year ago; analysts expected $172.49 million.

• Alphatec Holdings Inc's reported EPS for the quarter was a loss of 23 cents​.

• The company reported a quarterly loss of $33.33 million.

• Alphatec Holdings Inc shares had risen by 15.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 4.9% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the medical equipment, supplies & distribution peer group is also "buy"

Wall Street's median 12-month price target for Alphatec Holdings Inc is $18.50

This summary was machine generated from LSEG data February 26 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)